A Deal in Wheat and Other Stories of the New and Old West — John Shaqi
A Deal in Wheat and Other Stories of the New and Old WestNorris, Frank
General
A Deal in Wheat and Other Stories of the New and Old West
Norris, Frank
Western stories
"Huh!" grunted his principal. "How about insurance, and warehouse
charges, and carrying expenses on that lot? Guess we'd have had to pay
those, too, if we'd held on."
But the other put up his chin, unwilling to be persuaded. "I won't sleep
easy," he declared, "till Truslow is busted."
III. THE PIT
Just as Going mounted the steps on the edge of the pit the great gong
struck, a roar of a hundred voices developed with the swiftness of
successive explosions, the rush of a hundred men surging downward to the
centre of the pit filled the air with the stamp and grind of feet, a
hundred hands in eager strenuous gestures tossed upward from out the
brown of the crowd, the official reporter in his cage on the margin of
the pit leaned far forward with straining ear to catch the opening bid,
and another day of battle was begun.
Since the sale of the hundred thousand bushels of wheat to Truslow the
"Hornung crowd" had steadily shouldered the price higher until on this
particular morning it stood at one dollar and a half. That was Hornung's
price. No one else had any grain to sell.
But not ten minutes after the opening, Going was surprised out of all
countenance to hear shouted from the other side of the pit these words:
"Sell May at one-fifty."
Going was for the moment touching elbows with Kimbark on one side and
with Merriam on the other, all three belonging to the "Hornung crowd."
Their answering challenge of "_Sold_" was as the voice of one man. They
did not pause to reflect upon the strangeness of the circumstance. (That
was for afterward.) Their response to the offer was as unconscious, as
reflex action and almost as rapid, and before the pit was well aware of
what had happened the transaction of one thousand bushels was down upon
Going's trading-card and fifteen hundred dollars had changed hands. But
here was a marvel--the whole available supply of wheat cornered, Hornung
master of the situation, invincible, unassailable; yet behold a man
willing to sell, a Bear bold enough to raise his head.
"That was Kennedy, wasn't it, who made that offer?" asked Kimbark, as
Going noted down the trade--"Kennedy, that new man?"
"Yes; who do you suppose he's selling for; who's willing to go short at
this stage of the game?"
"Maybe he ain't short."
"Short! Great heavens, man; where'd he get the stuff?"
"Blamed if I know. We can account for every handful of May. Steady! Oh,
there he goes again."
"Sell a thousand May at one-fifty," vociferated the bear-broker,
throwing out his hand, one finger raised to indicate the number of
"contracts" offered. This time it was evident that he was attacking the
Hornung crowd deliberately, for, ignoring the jam of traders that swept
toward him, he looked across the pit to where Going and Kimbark were
shouting _"Sold! Sold!"_ and nodded his head.
Public-domain text, read in full here on John Shaqi.
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